The latest NAB research shows 40% of SMEs are actively using AI, with a further 13% planning to adopt. Among those using AI, 22% report significant transformational improvements.
NAB has launched NAB Nexus, a 24/7 integrated operations hub designed to keep the bank ahead of rapidly evolving AI-enabled threats, protect customers and support critical banking services.
National Australia Bank (NAB) has begun rolling out a conversational analytics tool that makes querying complex datasets as easy as asking a plain English question and receiving answers in seconds.
Artificial intelligence (AI) is beginning to show up in Australia’s economic data as it shapes investment, hiring and business operations. New research from NAB Economics and Markets Research finds the impact of AI is expected to build gradually and vary across sectors, firms and the workforce.
Two businesses, one interior design firm and another manufacturing business, explain how they utilise AI in their operations and the potential benefits for others.
NAB Economics research reveals 42% of Australian SMEs are already using AI, with a further 14% planning to adopt it, signalling that a majority of small business owners are unafraid to experiment and embrace AI as an everyday business tool.